How Norway Contributes to Global Imbalances

05/17/2006 Mises Wire Stefan Karlsson

Today is May 17th, Norway’s national day, celebrating its independence from Sweden in 1905. I have today posted a article on Der Invest Informer about how Norway, being the world’s third largest oil exporter with its de facto forced savings policy of recycling all oil revenues in foreign securities contrbute to global imbalances.

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